Bitcoin

Key insight

80,000 round-number resistance capping every rally attempt; break above flips structure bullish toward 85,400 swing high. Below 76,500 (200-day MA), trend turns bearish and 72,000 opens fast.

77,760 holds above the 200-day MA near 76,500 but fails to reclaim 80,000 — BTC trapped in a compression range with Nasdaq down 1.3% adding cross-asset headwind.

Main risk

Nasdaq sell-off spilling into BTC

Nasdaq -1.3% today; BTC-tech correlation above 0.7 historically means sustained equity weakness drags BTC toward 76,500 support.